The VNI and HNI rose 1.3% and 0.6%, respectively, in a month of cautiousness and volatility. Banks led the drive on the back of strong foreign interest. Auto stocks emerged as stellar performers this month, attracting 16% of foreign net inflow and gaining 33%. Meanwhile, liquidity was subdued as China’s activities in the East Sea raised concerns among retail investors. Average trading value remained little change from one month earlier at USD 97m. Foreigners net bought USD 63m in May vs USD